North West food company Ten Acre signs £200k deal with Canadian wholesaler
North West food producer Ten Acre is due to start sending its snack products to Canada after landing a six-figure contract with a Canadian wholesaler.
The Manchester-based company signed the deal as the Prime Minister Theresa May met businesses and investors on a trip earlier this week to strengthen Britain’s post-Brexit trade ties with the country.
Ten Acre, which produces hand-cooked crisps and popcorn, said the agreement with Canadian Choice Wholesalers will be worth around £200k a year, with the first shipment to be sent this month.
Ten Acre is owned by Cornbrook-based Yumsh Snacks Ltd.
The company started exporting two years ago. Today, its products are available across Europe, North America, the Middle East and Asia.
Yumsh CEO Tony Goodman said: “We’re delighted with this new distribution deal in Canada.
“Having achieved a tremendous response to initial trials, we expect to build sales to more than £200k a year and develop a loyal clientele across the region. Ten Acre is now sold in more than 45 countries across the world.”
PM Theresa May said of the deal: “It’s great news that Ten Acre have won this deal to supply their unique products throughout Western Canada.
“We know there’s a strong global demand for high-quality food and drink from the UK and I want to see more firms building links in lucrative markets such as Canada and the United States.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Will the Employment Rights Bill cost too much?
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside
Engineering a future-ready talent pipeline